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Multiple suppliers selection using the PROMETHEE V method

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10236286" target="_blank" >RIV/61989100:27510/17:10236286 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Multiple suppliers selection using the PROMETHEE V method

  • Original language description

    A supplier selection problem is a common topic of many research studies. It is a typical problem of multi-criteria decision-making in practice. The aim of such studies is usually to choose the best (optimal) solution, to sort the suppliers into some classes or to find the non-dominated set of alternatives. This paper is devoted to the problem where a decision-maker (company) chooses a portfolio of suppliers to cover all his/her supply needs. It is shown here that it is insufficient to take the ranking of suppliers and to select the first few in order. The problem is solved by the PROMETHEE V method, which is a unique combination of the outranking method of multi-attribute decision-making and mathematical optimisation (first, the rankings of alternatives is found using the PROMETHEE II method, and then the optimal portfolio is selected based on that ranking using the integer programming). The problem is demonstrated on a numerical example at the end of the paper.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Mathematical Methods in Economics: MME 2017 : 35th international conference : book of abstracts : Hradec Králové, Czech Republic, September 13th-15th, 2017

  • ISBN

    978-80-7435-678-0

  • ISSN

  • e-ISSN

    neuvedeno

  • Number of pages

    6

  • Pages from-to

    854-859

  • Publisher name

    Gaudeamus

  • Place of publication

    Hradec Králové

  • Event location

    Hradec Králové

  • Event date

    Sep 13, 2017

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article

    000427151400146